Army moves 3 companies to Phase III of Flight School Next competition
Bell, M1 and Lockheed Martin confirmed to Breaking Defense that they have been selected to move on to the next phase of the competition.
Bell, M1 and Lockheed Martin confirmed to Breaking Defense that they have been selected to move on to the next phase of the competition.
Once finalized, the agreement will allow THAAD interceptor production to grow from its current rate of 96 missiles a year to an annual rate of 400 interceptors.
In the wake of Trump's executive order limiting Pentagon contractors' spending, take a look at eight companies' dividends, stock buybacks and more.
Jeremy King previously served the Australian Defence Force for more than 30 years and has led major capability programs such as the MRH-90 and Chinook project.
A call for solutions notice in December said the Army plans to award a contract by September.
The top SASC Democrat stopped short of supporting Trump's executive order, as a few defense firms said they're on board, at least publicly.
The delivery total greatly exceeds a previous record of 142, boosted by a backlog of undelivered jets that had to be held in storage.
The deal comes as the Defense Department seeks to overhaul its acquisition apparatus to prioritize speed and as top officials have promised industry steady demand signals — and bigger awards — if companies make deeper investments into developing new products and expanding infrastructure.
Transatlantic political turbulence could disrupt orders from European customers for US defense equipment over the long term, but if the last year is anything to go by, business is likely to be relatively predictable.
Sometime in 2026, the Air Force will make a decision about what designs to produce for the first round of its drone wingmen program. The service is also expected to home in on what it wants next.
"My work here is now complete and I will be cheering ULA on," the longtime ULA chief said.
Lockheed Martin, Rocket Lab USA, Northrop Grumman, and L3Harris Technologies each won awards to "deliver and operate 18 space vehicles" for the Space Development Agency's Tranche 3 Tracking Layer.
"Due to foreseeable additional costs, it is not financially viable to maintain the originally planned number" of aircraft, said a Swiss statement.